North America Commercial Aviation Actuator System Market is Expected to Reach $1,691.5 Million by 2019, at a CAGR of 4.16% From 2014 to 2019

May 19, 2015, 10:30 ET from MicroMarket Monitor

FORT WORTH, Texas, May 19, 2015 /PRNewswire/ --

The North American commercial aviation actuator system market is estimated to grow to $1,691.5 million by 2019, at a CAGR of 4.16% during the forecast period of 2014 to 2019.

Browse through the TOC of North America Commercial Aviation Actuator System Market for an analysis of industry trends and segments, with the help of various tables and figures.

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Passenger traffic and aircraft orders in North America are on the rise and this is leading to an increasing demand in the commercial aviation actuator system market. Increasing fuel prices are a major concern for airlines, and thus, aircraft manufacturers are opting for the MEA concept and electrical actuator systems, which provide fuel efficiency, high reliability, reduced maintenance costs, and easier control, thereby helping to conquer the challenges.  

The commercial aviation actuator system market worldwide is driven by factors such as increase in aircraft deliveries, passenger traffic, and technological advancements. Growth in this market will continue to depend largely on passenger travel as this will create a greater demand for aircrafts and therefore for actuator systems. The flight control actuator system market size is estimated to be the highest in the forecast period of 2014 to 2019, as compared to the other segments.

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The report comprehensively covers the North American commercial aviation actuator system market, which has been segmented on the basis of aircraft type, technology, application, and geography. By technology, actuators can be classified into hydraulic actuators, mechanical actuators, electro-hydraulic actuators, electro-mechanical actuators, servo actuators, and pneumatic actuators. By application, the market has been categorized into flight control actuators, high-lift actuators, landing gear actuators, utility actuators, and thrust reverser actuators. The major countries covered in the report are the U.S. and Canada.

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The Actuator Systems in the aircrafts are used to control the speed and direction of the aircrafts during the flight. The actuators can be electrically, hydraulically and pneumatically powered. The global need to increase the electrically powered systems in aircrafts has led to the rise in demand of the electric actuator systems.

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